Tag Archives: GST

gst_enrollment_registration_process

Step by Step Complete Procedure for GST Registration in India

GST Registration is Compulsory for Any Individual Who: Having an annual aggregate turnover from operations in the state which is above the threshold limit of 20 Lakhs (Rs. 10 Lakhs for North-Eastern States) Currently registered under any of the existing indirect tax regimes (VAT, Excise Laws, Service Tax Laws) irrespective of the threshold limit Having operations in multiple states Having multiple business verticals in one state Making any Inter-State taxable supply Casual taxable persons & Non-resident taxable persons Required to pay tax under Reverse Charge Required to deduct tax at source Agents of a supplier Input Service Distributor Supplying goods or services through E-commerce Operator E-commerce Operator/ Aggregator Continue Reading »

gst itemwise

GST Schedule Revised on 03.06.2017 by Finance Ministry

Chapter wise Rate wise GST Schedule was first Introduced on 18.05.2017. After revision on schedule. It was introduced on 03.06.2017.  Below given is the revised GST Chapter wise Rate wise Schedule on 03.06.2017. For GST rate of Non revised Articles or Products and services has remain same as original schedule which was first introduced on 18.05.2017. Click here for Chapter wise Rate wise GST Schedule 18.05.2017 GST RATE SCHEDULE FOR GOODS and SERVICES [As per discussions in the GST Council Meeting held on 03rd June, 2017] Source of this article is www.cbec.gov.in. Every care has been taken to make this perfect. Continue Reading »

GST-last

GST Schedule Introduced by Finance Ministry

Chapter wise Rate wise GST Schedule was first Introduced on 18.05.2017.  Below given is the First Chapter wise Rate wise GST rate schedule declared on 18.05.2017. Every care has been taken to make this perfect. This is for reference only for detailed study please go through governments website. Click here for Chapter wise Rate wise GST Schedule 03.06.2017 GST RATE SCHEDULE FOR GOODS and Services [As per discussions in the GST Council Meeting held on 18th May, 2017] Source of this article is www.cbec.gov.in authentic website governed by Government of India. GST Schedule Introduced by Finance Ministry was last modified: August Continue Reading »

GST Rate Finder 1

GST Rates Finder App Launched to Help Users About GST Rates

Finance Minister Arun Jaitley has launched a mobile app ‘GST Rates Finder’ to help any person before buying the rate of GST applicable for particular item or service he is going to Purchase. Buyer can even verify the correctness of the rate of GST charged. “A taxpayer can search for applicable CGST (Central GST), SGST (State GST), UTGST (Union Territory GST) rate and Compensation Cess on a supply under the new indirect tax regime” the Finance Ministry Arun Jaitley said. This application has been developed by Central Board of Excise and Customs. Financial Minister informed “Through this app, user can Continue Reading »

GST RATE

Effect of GST on Product and Service Cost

GST has been implemented since 01.07.2017. All different State and Central Taxes has been replaced with Single Tax GST. GST is Goods and Services Tax, It can be also said Good and Simple Tax, because every one related to business will relaxed from paying and returning on different types of taxes. Only one tax has to be remembered and return has to be filed. Government has make slabs of taxes in five category 0%, 5%, 12%, 18% and 28% . Majority of items fall under 18% slab. You can Download GST RATE SCHEDULE FOR CERTAIN GOODS [As per discussions in Continue Reading »